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Avatar for Mike Murgatroy CrossCountry Mortgage

Mike Murgatroy CrossCountry Mortgage

900 NW 17TH AVE
4.94(
503
)

Mike Murgatroy CrossCountry Mortgage

900 NW 17TH AVE
4.94(
503
)
Customers say: True professional
Recommended by 97% of Angi customers
Recommended by 97% of HomeAdvisor customers

Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org

"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."

Joseph V on March 2022

Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org

"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."

Joseph V on March 2022

Property Appraiser questions, answered by experts

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

The Jonesboro, LA homeowners’ guide to property appraisals

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